Wilmington, Los Angeles, CA—90744
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wilmington, Los Angeles, CA
As of Oct '25, the median home price in Wilmington, Los Angeles, CA is $675,000, with a year-over-year change of -3.5%. This indicates that home prices in Wilmington, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $675,000 | -3.5% |
| Single Family | $681,000 | -3.8% |
| Condos | $455,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $476,000 | -0.4% |
2 Bed | $600,000 | -2.9% |
3 Bed | $687,000 | -4.1% |
4 Bed | $742,000 | -3.6% |
| 5 Bed | $805,000 | -4.3% |
% of Housing Stock
Rental Trends — Wilmington, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Wilmington, Los Angeles, CA is $2,200, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Wilmington, Los Angeles, CA is studios: $1,360, 1-bedrooms: $1,770, 2-bedrooms: $2,580, 3-bedrooms: $3,000, 4-bedrooms: $4,000. The most common rental property sizes in Wilmington, Los Angeles, CA are 1-bedroom and 2-bedroom, accounting for 35.0% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,200 |
| Studio Rent | $1,350 | $1,360 |
| 1 Bed Rent | $1,780 | $1,770 |
| 2 Bed Rent | $2,400 | $2,580 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Wilmington, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wilmington, Los Angeles, CA is 68. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $735,000 | 9.0% |
Listing Count | 25 | -16.0% |
| Listings as % of Homes | 0.2% | -16.0% |
Days on Market | 68 | 18.0% |
Demographics — Wilmington, Los Angeles, CA
As of the latest ACS Survey released in 2023, Wilmington, Los Angeles, CA has a population of 53,700, which has decreased by -6.2% over the past 5 years. Wilmington, Los Angeles, CA is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,700 | -6.2% |
% Under 18 | 27.6% | -8.0% |
% Seniors | 10.8% | 28.6% |
% WFH | 4.4% | 120.0% |
% w/ College Degree | 9.4% | 23.7% |
As of the latest ACS Survey released in 2023, Wilmington, Los Angeles, CA is a predominantly hispanic area, with 88.1% of the population identifying as hispanic. The hispanic population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Wilmington, Los Angeles, CA is black, making up 3.9% of the population. Foreign-born residents account for 36.6% of the population in Wilmington, Los Angeles, CA, and this percentage has decreased by 4.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.8% | -7.3% |
% Black | 3.9% | 62.5% |
% Hispanic | 88.1% | -1.9% |
% Asian | 3.3% | 13.8% |
% Foreign Born | 36.6% | -4.2% |
Mortgage and Risk — Wilmington, Los Angeles, CA
According to HUD data as of 2023, there were 268 mortgage originations in Wilmington, Los Angeles, CA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Wilmington, Los Angeles, CA. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 268 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Wilmington, Los Angeles, CA
As of 2024, the percent of homes in Wilmington, Los Angeles, CA under the Section 8 program is 8.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Wilmington, Los Angeles, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,088 |
Total Units Section 8 | 994 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 84.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,780 | $1,810 |
| 2 Bedroom | -$110 | $2,400 | $2,290 |
| 3 Bedroom | -$60 | $3,000 | $2,940 |
| 4 Bedroom | -$760 | $4,000 | $3,240 |
Affordability — Wilmington, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.5 |
| Median Home Price | $675,000 |
| Median Household Income | $61,400 |